Go Big Partners and 216 Capital Ventures have announced a joint investment in Juridoc, Tunisia’s pioneering Legaltech company. This collaboration aims to support Juridoc’s ambitious expansion into the OHADA (Organisation for the Harmonisation of Business Law in Africa) region, a consortium of 17 West and Central African countries.
Both venture capital firms are beneficiaries of the ANAVA fund of funds, managed by Smart Capital. Launched in 2021 with a target size of €100 million, ANAVA aims to stimulate Tunisia’s venture capital industry by investing in funds targeting Tunisian startups.
In July 2024, ANAVA committed €4.5 million to Go Big Partners’ GO LIVE Fund, an €8 million fund focused on early-stage B2B startups offering practical solutions in sectors such as AgriTech, CleanTech, BioTech, HealthTech, and Cybersecurity. Similarly, 216 Capital Ventures, also a beneficiary of the ANAVA Fund of Funds, has been instrumental in nurturing Tunisia’s startup ecosystem, providing capital and strategic support to emerging companies.
Read also: How ANAVA fund of funds sparked a startup investment wave in Tunisia
Juridoc’s expansion into the OHADA region, a consortium of 17 West and Central African countries with a unified business law system, marks a significant milestone in the company’s growth. This move is expected to enhance legal accessibility and efficiency across these countries, aligning with the broader goal of integrating technology into legal services to meet the evolving needs of businesses and individuals.
As the legaltech company embarks on this new chapter, the collaboration with esteemed venture capital firms and the support from initiatives like the ANAVA Fund of Funds underscore a collective effort to make legal services more accessible and efficient in Africa.
